Duality Advisers LP Takes Position in Digital Realty Trust, Inc. (NYSE:DLR)

Duality Advisers LP purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 7,534 shares of the real estate investment trust’s stock, valued at approximately $1,014,000.

Several other hedge funds have also bought and sold shares of DLR. Schechter Investment Advisors LLC boosted its holdings in Digital Realty Trust by 2.4% in the fourth quarter. Schechter Investment Advisors LLC now owns 3,347 shares of the real estate investment trust’s stock worth $450,000 after acquiring an additional 78 shares in the last quarter. Panagora Asset Management Inc. grew its position in Digital Realty Trust by 1.1% during the 3rd quarter. Panagora Asset Management Inc. now owns 9,175 shares of the real estate investment trust’s stock valued at $1,110,000 after purchasing an additional 97 shares during the last quarter. Blair William & Co. IL raised its holdings in Digital Realty Trust by 0.6% in the third quarter. Blair William & Co. IL now owns 17,883 shares of the real estate investment trust’s stock worth $2,164,000 after buying an additional 99 shares during the last quarter. Lmcg Investments LLC raised its holdings in Digital Realty Trust by 2.2% in the 3rd quarter. Lmcg Investments LLC now owns 4,620 shares of the real estate investment trust’s stock worth $559,000 after acquiring an additional 100 shares during the last quarter. Finally, First Financial Corp IN boosted its stake in Digital Realty Trust by 46.6% during the 4th quarter. First Financial Corp IN now owns 324 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 103 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 2.0 %

Shares of DLR opened at $138.51 on Wednesday. Digital Realty Trust, Inc. has a fifty-two week low of $86.33 and a fifty-two week high of $154.18. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.14 and a current ratio of 1.14. The company’s fifty day moving average is $141.85 and its 200 day moving average is $136.45. The stock has a market capitalization of $43.26 billion, a PE ratio of 46.64, a P/E/G ratio of 3.09 and a beta of 0.54.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.52%. The ex-dividend date was Thursday, March 14th. Digital Realty Trust’s dividend payout ratio is 164.31%.

Analyst Upgrades and Downgrades

Several research firms recently commented on DLR. Evercore ISI reaffirmed an “outperform” rating and set a $154.00 price objective on shares of Digital Realty Trust in a research report on Wednesday, March 27th. Barclays increased their target price on Digital Realty Trust from $110.00 to $119.00 and gave the company an “underweight” rating in a report on Tuesday, March 5th. Stifel Nicolaus increased their price objective on shares of Digital Realty Trust from $155.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, February 16th. StockNews.com cut shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Friday, February 16th. Finally, Truist Financial lifted their target price on Digital Realty Trust from $145.00 to $158.00 and gave the company a “buy” rating in a research report on Monday, March 18th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Digital Realty Trust currently has a consensus rating of “Hold” and an average target price of $143.33.

Insider Activity at Digital Realty Trust

In other news, Director Jean F. H. P. Mandeville sold 3,400 shares of the business’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total transaction of $494,700.00. Following the completion of the sale, the director now directly owns 8,413 shares of the company’s stock, valued at $1,224,091.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.39% of the stock is owned by insiders.

About Digital Realty Trust

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.